Franklin Matters: Boston Globe: "The Boston Foundation’s annual Greater Boston Housing Report Card outlines how the region’s housing crisis may only get worse"

Thursday, November 13, 2025

Boston Globe: "The Boston Foundation’s annual Greater Boston Housing Report Card outlines how the region’s housing crisis may only get worse"

"The cost of buying a home is growing for everyone

Home prices around here have been rising for decades, but the last few years have been particularly bad.

First, home prices soared in a pandemic-driven housing market frenzy. Then, when interest rates began to rise in 2021, the market effectively froze, driving prices higher still.

Prices have gone up everywhere and across the price spectrum. It’s in the communities where home prices were the lowest before the pandemic that prices have grown the most. In Brockton, for example, the median sale price of a single-family home has risen 72 percent since 2015. In Lawrence, it has more than doubled."


	Franklin From 2015 to 2025, the median sale price of a single-family home rose 35%.	Median sale price for a single-family home in 2015 (adjusted for inflation): $510,002	Median sale price for a single-family home in 2025: $688,000